As technology advances, cyberattacks are becoming more sophisticated, with cybercrime on the rise. In fact, cyberattacks caused 92% of all data breaches in the first quarter of 2022. It is crucial for businesses to stay current with cybersecurity trends and laws to combat these threats, which can significantly impact their development.
Emerging cybersecurity trends in 2023
Andrey Slastenov, Head of Web Security at Gcore, shares his insights on the top 10 cybersecurity trends for 2023 that businesses should be prepared for:
- Application security – With businesses moving online during the pandemic, application security spending is expected to surpass $7.5 billion, according to Statista.
- Cloud security – Statista data shows cloud security as the fastest-growing segment in the IT security market, with a projected growth of nearly 27% from 2022 to 2023.
- Mobile security – The mobile phone has become a hub for various activities, from banking to shopping, making mobile security increasingly important.
- IoT – The supply of devices for “smart” homes is expected to reach 1.8 billion by 2025, making IoT security crucial as each device can be hacked and taken over by a cybercriminal.
- Remote work and attacks on corporate networks – The rise of remote work has led to relaxed control over employees’ safe use of data, making corporate networks more vulnerable to attacks.
- Cyber insurance – As cyberattacks and their associated risks grow, organizations are turning to cyber insurance to minimize threats and financial losses.
- Zero trust does not replace VPNs yet Gartner believes that Zero Trust Network Access (ZTNA) will grow by 31% in 2023 and completely replace VPNs by 2025.
- Artificial intelligence – AI is expected to become more prevalent in 2023, particularly in monitoring, resource and threat analysis, and rapid response capabilities.
- Attack detection tools are no longer a luxury – The only way organizations can stop an attack or reduce its impact is to identify unusual activity across their entire ecosystem.
- Outsourcing cybersecurity – As cyberattacks become increasingly sophisticated, many companies will turn to expert service providers to ensure a high level of security.